Lodha Developers has acquired 100% stake in Chaitanya Bilva Private Limited (CBPL) for ₹499.61 crore. This acquisition provides Lodha with approximately 8.37 acres of land in a prime location in Bengaluru. The move aligns with Lodha’s strategy for growth in Tier 1 cities.
Acquisition of Chaitanya Bilva
Lodha Developers Limited has acquired 100% stake in Chaitanya Bilva Private Limited (CBPL). Following the acquisition, CBPL has become a wholly-owned subsidiary of Lodha Developers.
Deal Details
The transaction was completed on October 13, 2025. The cost of acquisition amounted to ₹499.61 crore. The acquisition provides Lodha Developers access to a land parcel of approximately 8.37 acres in a prime location in Bengaluru.
Strategic Rationale
This acquisition is in line with Lodha’s planned strategy for calibrated growth in Tier 1 cities. CBPL, incorporated on November 17, 2021, is in the business of development and construction of residential projects.
Financial Overview of CBPL
As of March 31, 2025, Chaitanya Bilva Private Limited had a net worth of ₹13.10 crore and a turnover of ₹ NIL. The total turnover for the last 3 years is also ₹ NIL, as CBPL has not commenced business operations.
Source: BSE
